Which term best matches the definition: To send and/or sell goods and services outside of one's country.

Which term best matches the definition: To send and/or sell goods and services outside of one's country.

• A. Import
• B. Domestic Sales
• C. Export
• D. Trade

Answer: (C)

Export is the act of sending goods and/or services to customers in another country. This describes outward transactions that cross national borders to foreign markets. For example, a manufacturer shipping products abroad to international buyers is exporting. Import, by contrast, means bringing goods into your country; domestic sales occur within your own country; and trade is the broader activity of buying and selling goods or services, which can be either domestic or international, but the specific outward movement for sale abroad is export.

Export is the act of sending goods and/or services to customers in another country. This describes outward transactions that cross national borders to foreign markets. For example, a manufacturer shipping products abroad to international buyers is exporting. Import, by contrast, means bringing goods into your country; domestic sales occur within your own country; and trade is the broader activity of buying and selling goods or services, which can be either domestic or international, but the specific outward movement for sale abroad is export.